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Sting operation reveals money laundering by top banks

-The Times of India An undercover sting investigation across India has shown up startling videos of bank executives of three leading private banks - HDFC, ICICI and Axis - providing ready assistance to a reporter, posing as a minister's aide, for laundering black money into white through the banking system in clear contravention of banking norms and laws. Shaken by the disclosure, the three banks asserted that they were committed to transparent...

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Private guards cannot hold arms without licence, SC told -Utkarsh Anand

-The Indian Express Asked to explain the regulatory framework for private security agencies and use of firearms by their security guards in the wake of the gunfight that led to the killing of liquor baron Gurdeep Singh Chadha alias Ponty and his brother Hardeep in November last year, the Centre on Monday told the Supreme Court that such guards do not have any special rights to hold firearms without licence. Referring to...

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Regulators are sometimes too close to industry: Hari Narayan-Deepti Bhaskaran

-Live Mint Former Irda chief spells out the problems with regulating the insurance sector in an interview Regulators are sometimes not too keen on laying down the law because they may be too close to the industry that they are charged with making sure is complying with rules, said J. Hari Narayan, who stepped down on Wednesday as chairman of the Insurance Regulatory and Development Authority (Irda).   “There is a lot going on...

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Inclusive Media Fellowship 2013 Results Announced

Eight journalists from Hindi and English media from six states have been selected for the 2013 Inclusive Media Fellowships of the Centre for the Study of Developing Societies (CSDS). In the best tradition of investigative and meaningful journalism, the fellows will spend time with rural communities to bring out their issues and anxieties for public and policy intervention. The fellowship Jury comprising Mr Krishna Prasad, Editor-in-Chief, Outlook, Mr Arvind Mohan,...

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Seeds Of A Divide -Mark Lynas and Vandana Shiva

-Outlook Environmentalist and author Mark Lynas now says GM crops are the answer to global food security. Vandana Shiva disagrees. The already heated debate about genetically modified (GM) foods in India has intensified thanks to a dramatic change in stance by environmentalist and author Mark Lynas,who now says GM crops are the answer to global food security. While India awaits two crucial reports on the topic, we interviewed Lynas and noted...

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